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Carla Vista Equipment Sales Coinpany, which selb only on account, had a $120.000 balance in its Accounts Receivable and a $5,300 talance in its Allowance

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Carla Vista Equipment Sales Coinpany, which selb only on account, had a $120.000 balance in its Accounts Receivable and a $5,300 talance in its Allowance for Expected Credt Losses on December 31, 2023. During 2024, the comparv's sales of equipment were \$824,000, and its totat cash collect tions fron customers were $793,000 During vear, the company identifed customers with accounts totaling 57,200 that would be unable to pay and wrote theserecivables off. However, one of these costoners subsequently nude a payment of 5840 . (Note that this amount is not included in the ash colectans noted above) At the end of 2024 , mangement groubed its receivables bused on credit risk and estimated the $6,480 Show how the atcountreceivable section of the staternent of firancial position at Deceraber 31, 2024, would be presented

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